Reporter
Cristina Roșca
- Fields
- Companies, Retail&Consumer, Analysis
- Writing for ZF since
- 2011
- Articles
- 493
Ambulance Maker Deltamed Invests EUR4M To Expand Production
Cluj-based ambulance and special vehicle manufacturer Deltamed, a business controlled by four local entrepreneurs, wants to boost its production capacities by around 50% in the coming year,...
Poland’s Amrest Posts Tenfold Profit Increase in 2022 vs 2021
Polish group Amrest, which owns 55 Starbucks coffee shops and 10 Burger King restaurants in Romania, last year generated EUR2.5 million profit before taxes locally, over ten times higher tha...
Bookster Tops 2021 Receipts, Hits EUR3.7M Turnover in 2022
Bookster, known for the service that intermediates the connection between physical libraries and company employees, reached EUR3.7 million turnover in 2022.
Lidl Set to Build Biggest Warehouse in Romania in EUR40-50M Investment
Lidl, leader of Romania’s food retail, with around 350 discount shops in Romania, is developing the largest warehouse in Romania, of 8 hectares (80,500 square meters), in line with ZF data.
Omnia Capital Takes Over Dumagas Transport
Omnia Capital, a company active on the M&A market, has taken over freight forwarder Dumagas Transport, a major business in the field, from investment fund Bancroft.
Penny: 70 Stores and All Four Warehouses to Have Photovoltaic Panels Installed by Yearend
Daniel Gross, Penny Romania CEO, says that by yearend 70 of the company’s stores and all its four warehouses will have photovoltaic panels installed.
Mastermind of Zara Expansion in Romania, Recruited as Development Manager at Saudi Arabia’s NEOM Project
Romanian executive Mihai Cioltea (44), who was in charge with Inditex, Zara owner, expansion in Romania, Kazakhstan and Russia for eight years, has been recently appointed as development man...
Metro Romania Counts on Three Development Pillars in 2023
In 2023, Metro Romania development will be based on three pillars: the expansion of LaDoiPasi franchise (with the network set to go beyond 2,000 stores this year), service digitalization and...
Innova Capital Pledges EUR50-70M Investments in Romania in Next Four Years
Private equity fund Innova Capital, one of the most dynamic financial investors in CEE, including Romania, is raising its seventh fund and wants to collect EUR350 million overall. At least 1...
Cosmetics Maker Farmec Ends 2022 with over RON290M Turnover, Up YOY
Farmec Cluj, the largest Romanian-held cosmetics maker, in 2022 posted turnover of above RON290 million, higher than in 2021, says Mircea Turdean, the company’s CEO and stakeholder, without...
Over 220 Deals Worth EUR4-5B Clinched in Romania in 2022
In 2022, more than 220 deals totally worth EUR4-5 billion were sealed on Romania’s market, in line with ZF data and calculations.
Electrolux Gives Up Part of Satu Mare Plant Employees on Falling Sales
Sweden’s Electrolux is set to lay off part of the staff of Satu Mare cooker plant.